Radio And Television Transmitting Equipment, Transmission Lines, Pipelines, Traffic Lights Insurance
Definition of "Radio and television transmitting equipment, transmission lines, pipelines, traffic lights insurance"
Coverage if transmission equipment is damaged or destroyed on an all risks basis excluding the perils of war, wear and tear, inherent defect, and nuclear damage, consequential loss (indirect loss) may be added by endorsement to include such eventualities as lost revenue because of damage to a radio-transmitting line. This endorsement can be of special importance to businesses, such as stock brokerages, that transmit buy and sell orders.
Popular Insurance Terms
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Academic publication of the American risk and insurance association in which articles deal with aspects of risk, insurance, and allied fields of study. ...
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Coverage under which initial premiums are less than normal for the first few years, then gradually increase for the next several years until they become level for the duration of the policy. ...
Clause in an insurance policy that permits an insured to renew without having to take a medical examination, regardless of his or her physical condition; the premium cannot be increased to ...
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